Last checked at 16 Dec 2019 12:30
16 December 2019
Michelmersh Brick Holdings PLC
("Michelmersh" or the "Company")
Scrip Share Reference Price
Michelmersh Brick Holdings PLC (AIM: MBH.L), the specialist brick manufacturer, today announces the reference price of a new ordinary share of 20 pence each in the capital of the Company ("Ordinary Share") under the scrip dividend alternative proposed for the interim dividend of 1.15 pence per Ordinary Share as announced by the Company in its Interim Results Statement of 3 September 2019.
The reference price of a new Ordinary Share under the scrip dividend alternative for the interim dividend has been set at 106.20 pence (the "Scrip Reference Price").
The Scrip Reference Price was calculated from the average of the middle market close price quotations on the London Stock Exchange, as derived from the Official Daily List, during the five dealing days beginning on 5 December 2019. Additional information on the scrip dividend can be found on the Company's website: www.mbhplc.co.uk
Enquiries:
Michelmersh Brick Holdings Plc Frank Hanna, Joint CEO Stephen Morgan, Finance Director | 07384 259407
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Canaccord Genuity Limited (NOMAD and Broker) Bobbie Hilliam Georgina McCooke | 020 7523 8150
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Yellow Jersey PR Charles Goodwin Harriet Jackson Annabel Atkins |
07747 788 221 07544 275 882
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About Michelmersh Brick Holdings PLC:
Michelmersh Brick Holdings PLC is a business with six market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.
Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 100 million clay bricks and pavers per annum. Michelmersh currently owns most of the UK's premium manufacturing brands and is a leading specification brick and clay paving manufacturer.
Michelmersh strives to be a well invested, long term, sustainable, environmentally responsible business. Opportunity, training and security for all employees, whilst meeting the needs of stakeholders are at the forefront of everything we do. We aim to lead the way in producing some of Britain's premium clay products and enhancing our environment by adding value to the architectural landscape for generations to come.
We are Michelmersh Brick Holdings PLC: we are "Britain's Brick Specialist".
Please visit the Group's websites at: www.mbhplc.co.uk and www.bimbricks.com